Stock market today: Nifty 50 breakdown 50-DEMA support. Opportunity for bottom fishing?

view original post

Stock market today: After breaching the 50-DEMA support placed at the 20,050 mark, the Nifty 50 index deep dived during Thursday session and touched an intraday low of 24,755 mark, recording around 375 points in three straight sessions. The BSE Sensex lost over 1,000 points while touching an intraday low of 80,959.